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If Kay,a Partner in an Auction Business,has a Personal Creditor

Question 30

Multiple Choice

If Kay,a partner in an auction business,has a personal creditor who is aggressive about collecting the debt:


A) Kay can sell her share in the partnership to repay the debt, regardless of what her partners want her to do.
B) the creditor cannot attach the partnership property to pay off the debt.
C) the creditor can attach partnership profits by obtaining a charging order.
D) Kay cannot meet her obligation to repay her personal creditor through her partnership assets. Her personal obligations will have to be paid through her personal funds or she will have to dissociate from the partnership and force the partnership to buy her share.

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